Home / Restatements / BROADWAY FINANCIAL CORP \DE\
Filed 2025-10-17 路 Form 8-K 路 Accession 0001140361-25-038505 micro
Price before filing: $7.01 (2025-10-16 close, split/dividend-adjusted)
Market cap at flag: $59.7M (2025-10-17) 路 Latest: $97.9M (2026-10-16)
| Window | BYFC | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -14.1% | +0.8% | -14.9% | 2025-11-17 |
| 90 days | +19.8% | +5.1% | +14.7% | 2026-01-15 |
| 180 days | +11.1% | +6.6% | +4.6% | 2026-04-15 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 1 insider sold $74K (10 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-10-02 | DAVIDSON ROBERT C JR Director | Sale | 1,000 | $7.20 | $7K | no | Form 4 |
| 2025-10-03 | DAVIDSON ROBERT C JR Director | Sale | 1,000 | $7.50 | $8K | no | Form 4 |
| 2025-10-06 | DAVIDSON ROBERT C JR Director | Sale | 1,000 | $7.70 | $8K | no | Form 4 |
| 2025-10-07 | DAVIDSON ROBERT C JR Director | Sale | 1,000 | $7.61 | $8K | no | Form 4 |
| 2025-10-08 | DAVIDSON ROBERT C JR Director | Sale | 1,000 | $7.70 | $8K | no | Form 4 |
| 2025-10-09 | DAVIDSON ROBERT C JR Director | Sale | 1,000 | $7.61 | $8K | no | Form 4 |
| 2025-10-10 | DAVIDSON ROBERT C JR Director | Sale | 1,000 | $7.39 | $7K | no | Form 4 |
| 2025-10-13 | DAVIDSON ROBERT C JR Director | Sale | 1,000 | $7.32 | $7K | no | Form 4 |
| 2025-10-14 | DAVIDSON ROBERT C JR Director | Sale | 1,000 | $7.21 | $7K | no | Form 4 |
| 2025-10-15 | DAVIDSON ROBERT C JR Director | Sale | 1,000 | $7.10 | $7K | no | Form 4 |
| 2025-10-17: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-07-19 to 2025-11-16. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"In addition, as a result of the foregoing determination, related press releases, stockholder communications, investor presentations and other communications describing relevant portions of the Affected Financials should no longer be relied upon."
Quoted from the filing. Source
The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.
Why this score: also within 90 days: Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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